SHA:603418 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	125.83	84.5	135.58	410.48	103.48	52.85
Cash & Short-Term Investments	125.83	84.5	135.58	410.48	103.48	52.85
Cash Growth	-8.11%	-37.68%	-66.97%	296.68%	95.79%	340.84%
Accounts Receivable	1,650	1,789	1,194	827.71	586.76	308.15
Other Receivables	30.94	28.39	22.95	13.91	9.11	3.92
Receivables	1,681	1,817	1,217	841.63	595.87	312.07
Inventory	459.97	502.23	269.71	238.9	164.98	101.55
Other Current Assets	91	82.47	43.24	54.43	24.43	21.12
Total Current Assets	2,358	2,486	1,665	1,545	888.76	487.58
Property, Plant & Equipment	1,495	1,385	1,033	783.06	510.32	312.04
Other Intangible Assets	133.38	105.14	110.09	25.14	25.68	26.37
Long-Term Deferred Tax Assets	71.79	71.39	73.95	60.94	42.66	8.99
Long-Term Deferred Charges	71.84	58.42	42.08	21.47	14.36	15.85
Other Long-Term Assets	33.61	29.56	54.83	39.4	15.56	21.77
Total Assets	4,163	4,135	2,979	2,475	1,497	872.61
Accounts Payable	482.8	575.95	341.27	266.93	153.24	137.71
Accrued Expenses	65.13	62.97	50.46	60.41	46.14	37.69
Short-Term Debt	832.24	988.87	505.57	457.55	288.37	77.1
Current Portion of Long-Term Debt	-	1.06	19.02	27.22	2.34	9.14
Current Portion of Leases	-	74.96	54.15	80.75	63.3	-
Current Income Taxes Payable	-	30.88	16.93	10.86	9.27	3.35
Current Unearned Revenue	15.48	4.09	9.58	3.84	1.76	5.47
Other Current Liabilities	206.77	182.52	131.39	121.28	59.33	20.73
Total Current Liabilities	1,602	1,921	1,128	1,029	623.75	291.19
Long-Term Debt	110.66	4.24	-	19.2	38.93	13.25
Long-Term Leases	172.62	181.15	209.53	148.24	108.25	-
Long-Term Unearned Revenue	39.31	40.21	27.85	4.66	4.76	4.86
Long-Term Deferred Tax Liabilities	40.82	42.2	53.09	49.24	30.36	-
Other Long-Term Liabilities	4.49	1.73	1.93	1.73	1.73	1.73
Total Liabilities	1,970	2,191	1,421	1,252	807.78	311.03
Common Stock	144.8	144.8	144.8	144.49	133.8	133.8
Additional Paid-In Capital	746.67	745.34	742.68	730.03	379.76	378.55
Retained Earnings	1,297	1,075	670.24	349.02	175.99	49.22
Comprehensive Income & Other	4.57	-20.91	0.77	-	-	-
Shareholders' Equity	2,193	1,945	1,558	1,224	689.55	561.57
Total Liabilities & Equity	4,163	4,135	2,979	2,475	1,497	872.61
Total Debt	1,116	1,250	788.27	732.95	501.19	99.49
Net Cash (Debt)	-989.69	-1,166	-652.69	-322.47	-397.71	-46.64
Net Cash Per Share	-6.84	-8.06	-4.51	-2.41	-2.99	-0.37
Filing Date Shares Outstanding	144.8	144.8	144.8	144.49	133.11	133.8
Total Common Shares Outstanding	144.8	144.8	144.8	144.49	133.11	133.8
Working Capital	755.34	565.09	537.08	516.6	265.01	196.39
Book Value Per Share	15.14	13.43	10.76	8.47	5.18	4.20
Tangible Book Value	2,060	1,839	1,448	1,198	663.87	535.2
Tangible Book Value Per Share	14.22	12.70	10.00	8.29	4.99	4.00
Buildings	148.6	118.71	116.87	110.07	85.7	69.17
Machinery	1,318	1,192	866.26	717.19	456.59	318.06
Construction In Progress	259.05	240.54	89.74	1.94	13.37	28.73

Source: S&P Global Market Intelligence. Standard template. Financial Sources.